by Lane Duplechin | Property Values, Real Estate Expert
Sales volume in March increased by 26% compared to February, which is a typical seasonal trend for this time of year. Despite this increase, average and median sales prices remained stable month over month and continue to be higher than average. Additionally,...
by Lane Duplechin | Property Values, Real Estate Expert
When it comes to determining the value of a property, there are several tools available, including comparative market analysis (CMA), an appraisal, and online valuation tools offered by websites like Zillow. Each tool has its strengths and weaknesses. ...
by Lane Duplechin | Process, Real Estate Expert
If you’re in the market to buy or sell a property, you may have heard the term “appraisal” thrown around. But what exactly is an appraisal, and why is it important? In this blog post, we’ll dive into the basics of the appraisal process and help...
by Lane Duplechin | Uncategorized
Check out our snapshots of residential sales data across the Acadiana parishes for the month of February For all the parishes combined, sales volumes were about 18% higher than January but still 33% lower than February last year. Average and median sales prices...
by Lane Duplechin | Property Values, Real Estate Expert
Appraisers select comparable properties, or “comps,” to help determine the value of a subject property. By analyzing the sale prices of similar properties, appraisers can estimate the market value of the subject property. It’s crucial to take into...
